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Fuel prices dominate midterm election discussions, but spiking utility bills may be the difference maker

Fuel prices dominate midterm election discussions, but spiking utility bills may be the difference maker

Photo: Fortune Crypto

Record-breaking fuel prices triggered by the Iran war and global refinery outages have dominated the discourse leading up to the November midterm elections, but skyrocketing utility bill and the data center boom are squarely on the ballot too—and could tip the balance of power in many states and in Congress. Prior to the beginning of the Iran war, electricity and natural gas utility bills led the nation in inflation and helped trigger the AI and data center backlash, even though data centers are only partly responsible for rising utility bills in some parts of the country.

Source: Fortune Crypto

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